Trimble (TRMB) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 6, 2026 astatine 11:26 AM CDT 52 min read

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Date

Wednesday, May 6, 2026 astatine 8 a.m. ET

Call participants

• President & Chief Executive Officer — Robert Painter

• Chief Financial Officer — Phillip Sawarynski

Full Conference Call Transcript

Robert Painter: Welcome, everyone. Before I get started, our presumption and harmless harbor statements are disposable connected our website. Our fiscal reappraisal volition absorption connected year-over-year non-GAAP show metrics connected an integrated basis. In addition, we volition absorption connected adjusted numbers that we judge much accurately represent the underlying show of our business. This means we volition exclude the interaction from the mobility business, which we divested during the archetypal 4th of 2025. As reported numbers, on with the reconciliation are provided successful the appendix of our descent presentation. The Trimble squad furthered the momentum of the past mates of years and delivered a large commencement to the year, with apical and bottommost enactment results up of expectations.

Revenue astatine $940 million, up 12%; ARR astatine $2.435 billion, up 13%; and net per stock supra the precocious extremity of our scope astatine $0.79. We are raising our guidance for the year. Financial show is the scoreboard. It's the output. The crippled connected the tract oregon the input is delivering unsocial worth to customers. On Slide 4, I privation to item however we are partnering with our customer, George Leslie, a Scottish based civilian engineering contractor that has embraced the Trimble ecosystem to link the carnal and integer worlds. With our platform, Trimble Connect acts arsenic the orchestration furniture of analyzable workflows, that see marine and adjacent works, h2o and wastewater treatment, bridges and infrastructure and vigor and power.

When performing earthmoving, our laser scanners are deployed for capturing the occupation tract successful precocious fidelity 3D to make a integer duplicate of the carnal earth. While our tools backmost successful the bureau powerfulness the plan of the terrain exemplary into a constructible model. Enabled by the Trimble ecosystem, this exemplary is seamlessly deployed to our Trimble survey and instrumentality power systems successful the tract to execute the enactment successful the carnal world, portion our task absorption and scheduling capabilities are managing the work. Physical to integer to physical.

When performing analyzable alloy and span work, they instrumentality the structural and plan exemplary that is managed wrong the Trimble ecosystem and past usage our robotic full stations to precisely orient the integer exemplary connected the carnal occupation site. Trimble is the information level done which our customers' information flows and remains successful sync arsenic the enactment moves from the carnal to integer to carnal to integer and truthful on. Through the powerfulness of the Trimble ecosystem, George Leslie is realizing important productivity, prime and ratio successful ways that Trimble uniquely delivers. Only Trimble tin link and optimize enactment similar this.